Preventing the Next Financial Crisis

U.S. monetary and fiscal policy is currently on a course toward creating another financial crisis. History shows that without changing course, countries with high actual and expected money growth, unsustainable budget deficits, and a currency expected to depreciate wind up in a crisis. The United States should commit to reducing future inflation and lowering future budget deficits to avoid a crisis and ultimately increase economic well-being. Read the complete AEI article here.